GUNGE VVS AS

9015 TROMSØ

Finances

Share Ownership

Return on Equity

53,68 %

Current Ratio

0,62

Debt-to-Equity Ratio

−0,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	25 263 000	25 842 000	22 593 000	16 955 000
Net Income	−1 577 000	−1 376 000	1 308 000	555 000
Total Assets	5 906 000	7 133 000	5 324 000	3 171 000
Total Equity	−2 938 000	−1 361 000	15 000	−1 293 000

Income (NOK)	2022	2021	2020	2019
Revenue	25 263 000	25 842 000	22 593 000	16 955 000
Expenditure	26 397 000	27 468 000	21 331 000	16 286 000
Operating Profit	−1 134 000	−1 626 000	1 261 000	669 000
Financial Income	347 000	8 000	8 000	0
Financial Costs	259 000	148 000	104 000	114 000
Financial Balance	88 000	−140 000	−96 000	−114 000
Earnings Before Tax	−1 045 000	−1 766 000	1 165 000	555 000
Tax	532 000	−389 000	−143 000	0
Net Income	−1 577 000	−1 376 000	1 308 000	555 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 795 000	3 023 000	1 165 000	495 000
Total Current Assets	4 112 000	4 110 000	4 159 000	2 676 000
Total Assets	5 906 000	7 133 000	5 324 000	3 171 000
Total Retained Equity	−3 433 000	−1 855 000	−479 000	−1 787 000
Total Equity	−2 938 000	−1 361 000	15 000	−1 293 000
Total Long-Term Debt	2 210 000	1 638 000	1 200 000	1 429 000
Total Current Debt	6 635 000	6 856 000	4 109 000	3 035 000
Total Equity and Debt	5 906 000	7 133 000	5 324 000	3 171 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	24 749 000	25 784 000	22 551 000	16 916 000
Other Income	514 000	58 000	42 000	39 000
Revenue	25 263 000	25 842 000	22 593 000	16 955 000
Cost of Goods Sold	9 608 000	11 508 000	9 842 000	7 827 000
Salary Costs	11 633 000	10 676 000	7 250 000	5 078 000
Depreciation	599 000	663 000	174 000	86 000
Impairment	0	0	0	0
Expenditure	26 397 000	27 468 000	21 331 000	16 286 000
Operating Profit	−1 134 000	−1 626 000	1 261 000	669 000
Financial Income	347 000	8 000	8 000	0
Financial Costs	259 000	148 000	104 000	114 000
Financial Balance	88 000	−140 000	−96 000	−114 000
Dividends	0	0	0	0
Net Income	−1 577 000	−1 376 000	1 308 000	555 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	532 000	143 000	0
Real Eastate	867 000	833 000	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	891 000	1 454 000	818 000	306 000
Total Tangible Assets	1 758 000	2 287 000	818 000	306 000
Total Fiancial Fixed Assets	37 000	204 000	204 000	189 000
Total Fixed Assets	1 795 000	3 023 000	1 165 000	495 000
Stock	2 121 000	2 071 000	1 253 000	800 000
Total Investments	0	0	0	0
Cash, Bank	365 000	417 000	428 000	166 000
Total Current Assets	4 112 000	4 110 000	4 159 000	2 676 000
Total Assets	5 906 000	7 133 000	5 324 000	3 171 000
Total Equity	−2 938 000	−1 361 000	15 000	−1 293 000
Short-Term Group Debt	0	0	0	30 000
Total Long-Term Debt	2 210 000	1 638 000	1 200 000	1 429 000
Creditors	3 847 000	4 401 000	1 683 000	1 490 000
Unpaid Taxes	898 000	743 000	910 000	446 000
Dividends	0	0	0	0
Other Current Debt	1 891 000	1 713 000	1 516 000	1 068 000
Total Current Debt	6 635 000	6 856 000	4 109 000	3 035 000
Total Equity and Debt	5 906 000	7 133 000	5 324 000	3 171 000

Financial indicators	2022	2021	2020	2019
Return on Equity	53,68 %	101,1 %	8 720 %	−42,92 %
Debt-to-Equity Ratio	−0,75	−1,2	80	−1,11
Operating Profit Margin	−4,49 %	−6,29 %	5,58 %	3,95 %
Current Ratio	0,62	0,6	1,01	0,88
Quick Ratio	0,91	0,86	1,46	1,2
Equity Ratio	−0,5	−0,19	0	−0,41
Gross Profit Margin	61,97 %	55,47 %	56,44 %	53,84 %